Steve Nison's Threads | Buzz Chronicles

Calculate the total loss you will face in trading portfolio if all SLs are hit if market goes against you.

Select an appropriate strike to buy a Put option left with considerable expiry to hedge your portfolio. Hedging through options is one area which retail investors ignore

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

LTTS - I am too much focused on finding these narrow zones (highlighted in ellipse) right near the confluence of 20 &/OR 50 MA. These are the regions of strong accumulation to push out weaker hands.

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Dabur - How often do you see scallops? This one is a rare chart. They confirm the strong uptrend but Dabur is still the slow-moving one, however, with the added advantage of providing stability to your portfolio.

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Ultratech Cement - Moving up nicely. My target for this: 9000-9100.

SL 7650 https://t.co/KKnf6a6xlH

Nifty 100 stocks near BO or a few % up/down from BO levels:

1. Ultratech Cement
2. Reliance
3. Nestle
4. Abbott India
5. ICICI Lombard
6. IGL
7. Indigo
8. LT
9. Muthoot Finance
10. United Spirits
— The_Chartist \U0001f4c8 (@nison_steve) September 2, 2021

Steve Nison
@nison_steve

Jubilant Ingrevia - pulling back with low volume again. https://t.co/feSXlVhoya

Also on my radar for today:

1. ACE (Entry already done & SL is 230)
2. Jubilant Ingrevia (SL 550) - stock re-tested support pic.twitter.com/3S9UdDhhHL
— Steve Nison (@nison_steve) July 29, 2021

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Fortis (M) - Updated chart. done ✅✅ https://t.co/8xwlbFw3Ez

Fortis (M) - Log scale pic.twitter.com/7CNBYAczOl
— The_Chartist \U0001f4c8 (@nison_steve) August 18, 2021

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Nazara - why you shouldn't sell your winners https://t.co/Gvd1jBaoks

Nazara - Route for 2370 & 2580 will open up if the BO is successful https://t.co/wIcXTXTqCv
— The_Chartist \U0001f4c8 (@nison_steve) September 14, 2021

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Tata Power - no one was reading my tweet back then but I was still sharing my charts after I joined Twitter.

Otw to 235 & 285 https://t.co/JgvNjKT3al

Tata Power - perfect for fresh long. Weak below 70. @nishkumar1977 @suru27 @rohanshah619 @indian_stockss @sanstocktrader @BissaGauravB @RajarshitaS @PAVLeader @Rishikesh_ADX @VijayThk @Investor_Mohit @TrendTrader85 pic.twitter.com/dfrFtr4yi9
— The_Chartist \U0001f4c8 (@nison_steve) December 18, 2020

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

IRCTC - Learning?

Runaway Gaps are traded like flag & pennant patterns. The price move before the gap is projected upwards for the price target. Here the target comes out to be 3230. https://t.co/QuKrekfHG3

IRCTC - A perfect pullback on low volumes after a high volume breakout. Low-risk setup. Weak below 2015 pic.twitter.com/jSHBlEhkE0
— The_Chartist \U0001f4c8 (@nison_steve) June 9, 2021

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

2 4 0 0 ++ - Deepak Nitrite.

Since so many asking me in DM. The next target for Deepak Nitrite is 2590 as per PnF. I will keep on trailing it. Holding it since 575 levels. https://t.co/2VoVaVLf8y
— The_Chartist \U0001f4c8 (@nison_steve) August 30, 2021

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Pidilite - otw to 2550 https://t.co/igVhCC8RLS

Pidilite - in a weak market at ATH. Once confirmed, a perfect counter for pyramiding or fresh addition. Also a must-have portfolio stock. pic.twitter.com/qDMPOaqo5l
— The_Chartist \U0001f4c8 (@nison_steve) April 6, 2021

Steve Nison
@nison_steve

Laurus Labs - ⭕️⭕️⭕️

still no selling whatsoever. A strong point to accumulate further as the risk is minimum. at 20 EMA. Selling candles have fewer volumes.

Steve Nison
@nison_steve

Tata Consumer - - -

Even self-proclaimed TA fail at accepting the fact that IH&S acts as a good continuation pattern. This happens when you are not ready to go beyond what you already know

Edwards & Magee discussed IH&S continuation at legth in their book

Steve Nison
@nison_steve

Lal Path Labs - IH&S can also be a continuation pattern. The stock is in a constant uptrend. You should always be biased for a 'buy' in these counters.

Two consecutive Double top buys in PnF 1%*3 Box size and reversal.

D: holding in the investment portfolio.

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Tata Consumer - strong up-trend. Must buy at every dip.

Steve Nison
@nison_steve

Balaji Amines - ⭕️⭕️

You want to sell it just because you can't digest the profits? You need some better reason to sell if you need to build real wealth from the market.

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Lal Pathlabs - Updated chart. After completing the target of CnH at 3960, the stock consolidated further in a rectangle and broke out further for a target of 4340. A strong stock will keep on consolidating in middle during an upward journey. https://t.co/vDxOM9Xh8O

Lal Path Labs - IH&S can also be a continuation pattern. The stock is in a constant uptrend. You should always be biased for a 'buy' in these counters.

Two consecutive Double top buys in PnF 1%*3 Box size and reversal.

D: holding in the investment portfolio. pic.twitter.com/ckvJXHg2hy
— The_Chartist \U0001f4c8 (@nison_steve) August 4, 2021

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Two re-test candidates:

Laurus Labs
Saregama

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Selling volumes high? NO
Selling candles big? No
Are they doji/spinning tops? Yes
Price in narrow range? Yes
Previous volumes while buying high? Yes, so if someone bought huge, he is still sitting

What's going on? Weak hands booking profits.

IEX - Updated chart https://t.co/GABkSthg5L

Indian Energy Exchange (IEX) - because you missed the 1st BO maybe at 200/300/400/500 therefore, your brain will keep on saying you - "now it is expensive" but it will keep on going up troubling you more. Perfect trait of a marathon runner. Follow the price with SL. pic.twitter.com/cKH3vnG05l
— The_Chartist \U0001f4c8 (@nison_steve) September 28, 2021

Steve Nison
@nison_steve

HDFC Life - for safe traders it is now at bottom of the range for few points. However, a slow counter.

Must have portfolio stock for the long term. Rectangle consolidation after since long.

Authors Steve Nison